Best Stocks To Buy For 2013: IT

[ May 19, 2014 | Author: admin | Views: 96789 | Weather: | Mood: normal]

Tutor Perini Corporation (TPC) has secured a $133 million contract from National Railroad Passenger Corporation or Amtrak. As per the contract, Tutor Perini will build an underground concrete casing under the Eastern Rail Yard of the Hudson Yards site in New York City. Amtrak is the U.S. intercity passenger rail provider and high-speed rail operator. The corporation operates commuter rail systems on behalf of several states and transit agencies. The project is the cornerstone for Amtraks Gateway Program which targets rail service expansion through two proposed tunnels underneath the Hudson River. The tunnels will directly connect New Jersey and Penn Station in order to double capacity across the Hudson River. However, trains passing through the new tunnels would cross an area on Manhattans west side kept aside for mixed-use development through a right-of-way. But without the tunnel box, construction of the new tunnels will be impossible. According to the deal, … Continue reading

[ May 15, 2014 | Author: admin | Views: 35233 | Weather: | Mood: normal]

Cetera Financial Group announced Thursday that it has appointed former TD Ameritrade chief information officer Mukesh Mehta as its new CIO. He will join Cetera’s executive team and oversee all aspects of information technology for the network of four broker-dealers, which was just acquired in a $1.15 billion cash deal by Nicholas Schorsch’s broker-dealer holding company, RCS Capital Corp. The new CIO’s experience includes the development and delivery of trading and order management platforms, market data, and middle and back office operations. Previously, Mr. Mehta was managing director and CIO for TD Ameritrade, where he led application development services for all of TD Ameritrade’s institutional business. Best Information Technology Companies To Invest In 2015: WiLan Inc (WILN) WiLAN Inc. (WiLAN), incorporated on May 14, 1992, is a licensing company. WiLAN develops, acquires, and licenses a range of intellectual property that drives products in communications and consumer electronics markets. Through both … Continue reading

[ May 13, 2014 | Author: admin | Views: 14157 | Weather: | Mood: normal]

A company’s ability to consistently generate positive cash flows from its daily business operations is highly valued by investors. Operating cash flow can uncover a company’s true profitability. Its one of the purest measures of cash sources and uses, and is the gateway between other reported financial statements. The Cash Flow Statement Operating cash flow (or cash flow from operations – CFO) can be found in the cash flow statement, which reports the changes in cash versus its static counterparts: the income statement, balance sheet and shareholders equity statement. Specifically, the cash flow statement reports where cash is used and generated over specific time periods and ties the static statements together. By taking net income on the income statement and making adjustments to reflect changes in the working capital accounts on the balance sheet (receivables, payables, inventories), the operating cash flow section shows how cash was generated during th e … Continue reading

[ May 10, 2014 | Author: admin | Views: 79996 | Weather: | Mood: normal]

Mitsubishi says it’s slashing the price of its i-MiEV electric car $6,130 to $23,845, including shipping, before federal tax credit or other incentives, and adding more standard features. It’s the latest big price slice on electrified vehicles, which haven’t sold as well as their makers expected. Makers of the Ford Focus EV, Nissan Leaf and Chevrolet Volt all have cut prices thousands of dollars recently. And the $42,275 starting price of the BMW i3 electric is lower than some in the EV community forecast. Electric-car fans see that as a sign of healthy competition that’s sure to draw more buyers into the EV market. Skeptics interpret it as evidence nobody really wants an electric, and ever-lower prices are going to be necessary to provoke significant sales. An EV’s main benefit: Cheap fuel. You can go about three times as far on the electricity needed to charge a car’s battery as … Continue reading

[ April 1, 2014 | Author: admin | Views: 20262 | Weather: | Mood: normal]

A recent report by Juniper Research has added more fuel to the wearable technology fire, noting that the next few years could bring lots of growth to the new industry. Google (NASDAQ: GOOG  ) has essentially already entered the market with Glass, as has Samsung with the Galaxy Gear, and many expect Apple (NASDAQ: AAPL  ) to enter the space next year. With big players already entering the market, the question isn’t whether tech companies will pursue wearables, but rather which ones are in the best position to benefit. The next four years could be huge The report from Juniper says that by 2018 the smart wearable device industry will have retail revenues of $19 billion — compared to just $1.4 billion this year. That massive growth is expected to come from the high price points of wearable devices and strong demand from users. As far as pricing goes, Samsung is selling … Continue reading